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FPA New Income

FPNIX
10.01
-0.01
-0.10%
8/22/2017
5 Years
  • Previous Close

    10.02

  • Net Assets

    5.01B

  • Yield

    2.65%

  • Front load

    None

  • Expenses

    0.55%

  • Category

    Non-traditional Bond

  • Morningstar Risk

    Low

  • Morningstar Rating ★★
Profile

Name of Issuer

FPA

Fund Style

Open

Fund Manager

Abhijeet Patwardhan

Investment Style

-

The investment seeks to provide long-term total return, which includes income and capital appreciation, while considering capital preservation. The fund primarily invests in a diversified portfolio of debt securities, cash and cash equivalents. It generally invests in highly rated debt securities and will invest at least 75% of its total assets, calculated at market value at the time of purchase, in debt securities rated at least A- or its equivalent by a NRSRO. The fund may invest up to 25% of its total assets, calculated at market value at the time of purchase, in debt securities that are rated below A- or its equivalent by a NRSRO or that are unrated.

Purchase Information

Initial Purchase 1,500
Initial Purchase: IRA 1,500
Initial Purchase: AIP 100

Inception

7/11/1984

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